Slide 1: Analytical Review of Q1 2017 Results
Analytical Review of Q1 2017 Results
Slide 2: Disclaimer
Disclaimer “Investors are cautioned that this presentation contains forward looking statements that involve risks and uncertainties. The Company undertakes no obligation publicly to update or revise any forward‐looking statements, whether because of new information, future events, or otherwise. Actu
Slide 3: Key Highlights – Q1 2017
Key Highlights – Q1 2017 • Revenue Rs. 144.30 crores (US$ 21.56 mn) compared to Rs. 141.87 crores (US$ 21.02 mn) in Q1, 2016 and Rs. 153.40 crores (US$ 22.75 mn) in Q4, 2016. • EBITDA Rs. 7.57 crores (US$ 1.13 mn) compared to Rs. 13.31 crores (US$ 1.97 mn) in Q1, 2016 and Rs. 19.69 crores (US$ 2.92
Slide 4: Key Highlights (Continues…)
Key Highlights (Continues…) • Telecom and Digital Media continues to be our largest industry vertical with ~ 29% share of revenues. • Serving 21 million dollar plus customers on run rate basis. • Added 5 key customers during the quarter. • Q1 margins were mainly impacted by lower utilization, salary
Slide 5: Financial Performance - Contribution Analysis – Q1 2017
Financial Performance ‐ Contribution Analysis – Q1 2017 5
Slide 6: Gross Margins Analysis Q1-2017
Gross Margins Analysis Q1 ‐ 2017 Movement in Gross Margin % Q1‐17 Vs Q4‐16 Gross Margin % in Q4‐16 34.93 Impact of lower utilization (3.30) Impact of salary increases (1.28) Impact of rupee appreciation (0.22) Gross Margin % in Q1‐17 30.13 6
Slide 7: Revenues and Margins, Historical Trend
Revenues and Margins, Historical Trend Rs in Crores % 7
Slide 8: Consolidated Key Balance Sheet Data
Consolidated Key Balance Sheet Data Rupees in Crores except “DSO” As at Mar 31, As at Dec 31, 2017 2016 Share Holders’ Funds 278.28 277.97 Receivables 105.30 108.22 Receivables in days “DSO” for the 52 49 quarter Cash & Bank 126.35 119.97 Fixed Assets 35.47 34.79 8
Slide 9: Billable Head Count and Utilization
Billable Head Count and Utilization 9
Slide 10: Yearly Revenue Break-Down By Geography Client Concentration
Yearly Revenue Break‐Down By Geography Client Concentration * South East Asian Countries 10
Slide 11: Summing Up and Looking Ahead
Summing Up and Looking Ahead • Q1 2017 was a soft quarter. • Confident to be in 12% plus margin trajectory like 2016 in coming quarters. • Rupee appreciation is impacting our margin. • Software engineering continues to be our growth engine. • Focus for the year 2017: Partnering with clients in bui
Slide 12: Thank You For Your Support
Contact Information Nand Sardana Chief Financial Officer Tel # 0120 – 4303506 Fax # 0120 – 2587123 Email: nand.sardana@rsystems.com Kumar Gaurav Ashish Thakur AVP Finance & Accounts Company Secretary & Compliance Officer Tel # 0120 - 4082650 Tel # 0120 - 4082633 Fax # 0120 – 2587123 Fax # 0120 – 258